We further develop the approach recently used to construct an analytic ghos
t-free model for the QCD running coupling based on the requirement of the Q
(2)-analyticity and apply it to the process of e(+)e(-) annihilation into h
adrons to study the renormalization scheme dependence of the R(s) cross-sec
tion ratio. By transforming the relevant QCD corrections up to the three-lo
op level into the "analytized" form we show that the R-an(s) expression thu
s obtained is remarkably stable (as compared to the conventional perturbati
ve approach) with respect to the renormalization scheme and higher loop dep
endence for the whole low-energy region. At the same time, the analytic app
roach provides a good agreement with smeared experimental data already in t
he first (loop) approximation. (C) 1998 Published by Elsevier Science B.V.
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